After rising for three straight days, gold remained steady at Rs. 27,400 per ten grams in the national capital on Thursday on restricted buying by jewellers and retailers even as the metal strengthened in global markets. Silver too ended flat at Rs. 39,000 per kg on some buying support from coin makers ahead of Diwali.
Traders said restricted buying from jewellers and retailers mainly kept precious metals at previous levels.
Globally, gold added 0.5 per cent to $1,227.16 an ounce, the highest level since September 26 in Singapore. In Delhi, gold of 99.9 and 99.5 per cent purity ruled steady at Rs. 27,400 and Rs. 27,200 per ten grams, respectively, while sovereign enquired at previous level of Rs. 24,200 per piece of eight grams.
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Silver ready also closed steady at Rs. 39,000 per kg while weekly-based delivery moved up by Rs. 355 to Rs. 38,810 per kg on buying support from speculators.
In line with overall trends, silver coins continued to be traded at Rs. 68,000 for buying and Rs. 69,000 for selling of 100 pieces in limited deals.